Banks such as HSBC are waiving off many types of charges, including subscription, safe custody and transaction fees Investors are shifting their attention to the high-quality bond offering from the ...
Hong Kong police investigate email scam following German pharmaceutical firm’s report it was swindled out of more than €3 million
German firm had been conducting business with supplier from mainland China via email and was allegedly tricked by criminals into making transfer In separate case involving European firm, Hong ...
KPMG Expects HK IPO Proceeds to Rise to $100B in 2024, with 90 IPOs for Whole Yr
There were a total of 70 IPOs in Hong Kong in 2023, raising a total of approx. $46.3 billion, down 21% and 56% YoY, respectively, according to KPMG. At present, there are still abo... There were a ...
HSBC forecasts slower economic growth this year
HSBC on Monday predicted that Hong Kong's economy will grow at a slower pace this year, but struck an upbeat tone on the performance of the city's ...
HSBC Bank Review 2024
Account details and annual percentage yields (APYs) are accurate as of January 8, 2024.
Hong Kong stocks extend 2-week slide as China’s central bank dents rate-cut bets, Taiwanese firms slip post-election
Hong Kong stocks dropped, adding to two weeks of losses, after China’s central bank kept a key policy lending rate unchanged for a fifth straight month, killing bets among some economists on policy ...
Former chairman of state-owned bank China Everbright Group arrested over suspected corruption
Chinese prosecutors say the former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of corruption and bribery.
Hong Kong Stocks Close Lower
Hong Kong stocks finished Monday slightly lower on lingering worries about China's economy and after the country's central bank held off cutting short-term interest rates.
Hong Kong stocks extend two-week slide, China’s central bank dents rate-cut bets as Taiwanese firms slip post-election
Local shares can’t get a break as prices weaken in early trading. China’s central bank kept its key lending rates unchanged, killing bets for a quick-fix policy stimulus.
China stocks fall after shadow bank Zhongzhi files for bankruptcy, Hong Kong leads losses in Asia
The mainland Chinese CSI 300 was down 0.89% after shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late Friday.
HSBC HOLDINGS Buys back ~6.01M Shrs in Total for HKD381M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased 6.0056 million shares of the company in total yesterday (9th) in the UK and Hong Kong markets, involving a total of HKD381 mi... HSBC HOLDINGS ...
{Market Preview}Investors can consider buying HSBC
"The decline in HSBC's stock is purely due to profit-taking" After the US released inflation data, HSBC (00005) was significantly pressured, with intraday losses expanding to nearly 3%. Kingston Lin ...
Chinese sales of bonds backed by bad bank loans hit new high
HONG KONG -- Chinese banks are increasing their sales of bonds backed by bad debts, but the market's growth has yet to ease investor concerns about the quality of assets held by lenders in Asia's ...
Hong Kong remains an ‘ideal option’ for international investment despite capital market pressures, finance chief says ahead of World Economic Forum meeting
Investment opportunities have become more attractive despite high global interest rates, finance chief Paul Chan says Chan's positive assessment comes amid a four-year slump in the city's stock ...